Iti or Nubank: Which digital bank is the best choice for you?

When choosing a good digital bank, you'll be considering a variety of services and fees, and you'll want it to meet your needs. That's why we compared two well-known banks: Iti and Nubank.

This way, you'll have all the information you need and know which of the two digital banks to choose: Iti or Nubank. 

Follow our article and get all the information you need to find out who is the best.

• Which bank charges fewer tariffs? 👈
• Which bank offers more services? 👈
• Which bank offers a best credit card? 👈
• Which bank has the best investment options? 👈
• Which bank has the best app? 👈
• Which bank is the safer? 👈
  
• As open an account at Iti bank? 👈
• As open an account at Nubank ? 👈

Who charges fewer fees: Iti or Nubank?

Fees are the rates charged on each transaction you make within your bank. Therefore, we've separated the fees from both banks so you know which charges less.

Check out the fees for Iti and Nubank. 

Iti Rates

• Account opening: free.
• PIX: yes, unlimited.
• Bill payment using iti credit card: fee of 1,49%
• Bill payment using other credit cards: fee of 2.99%
• Transfers using iti credit card: fee of 1,49%
• Transfers using other credit cards: fee of 3.99%
• Withdrawals at 24-hour ATMs and Itaú ATMs.

Nubank Fees

• Account opening: free.
• Account withdrawals: R$ 6.90 per withdrawal.
• Ted: free.
• Deposit via bank slips: free and unlimited.
• Maintenance cost: free. 
• Unlimited PIX.

Which bank has the best fees?

It's through the fees that you'll be sure you'll get benefits when using your digital account. That's why we chose this as our first criterion. 

Overall, we can say that there was a tie between the two banks, with a slight advantage for Iti, due to withdrawals directly from Itaú ATMs.

Which bank offers the best services: Iti or Nubank?

When using your digital account, you need a service package that can help you with all your tasks.

Therefore, we have brought a comparison of the services that Banco Iti and Nubank offer to their customers.  

Iti Bank Services

• Free digital account. 
• Payments via the app. 
• Deposit by bank slip.
• PIX (receiving and sending).
• Credit card. 
• Lines of credit.

Nubank Services

• Pix (sending and receiving).
• Free digital account.
• Transfer by TED and DOC.
• Deposit by bank slip. 
• Pre-approved loan on account.
• Bill payment.
• Income through automatic CDI.
• Investments. 
• Toll and parking tag. 
• Nu rewards program (paid).

Which bank is the best in services?

When choosing a digital bank to open your account with, it's important to carefully consider its services. 

And so, we consider the two banks a tie, as they offer similar services to their customers. Therefore, you essentially get the same services at Nubank and Iti. 

Best credit cards: Iti or Nubank?

Banco Iti and Nubank offer customers credit cards that can be used to give you more benefits when making purchases.  

Check out the cards that Banco Iti and Nubank offer their customers. 

Iti Cards

• Iti Visa Platinum card with no annual fees. 

Nubank Cards

• Nubank Visa Gold card with no annual fees.
• Nubank Ultraviolet Card (annual fee of 12 of R$ 49.00).

Which bank is best for cards?

Although Iti bank only offers one credit card and Nubank offers a VIP credit card option for its customers, we can still consider it a tie, since the Iti card already has a Platinum banner and no annual fees. 

Therefore, both will bring good credit cards to you. 

Which yields more: Iti or Nubank?

When it comes to yield, the rate used by digital accounts is the CDI. This rate yields more than savings accounts, which is advantageous for their customers. Both banks use this rate to automatically calculate yield.

Check out how the yield on your Iti and Nubank accounts works. 

Iti Income

• The income is automatic.
• Yields 100% of CDI.

Nubank's Income

• Money yields automatically.
• Yields 100% of CDI.

Which bank is the best in terms of returns?

Currently, the CDI rate is around 13.5% per year, making the return on the digital account even higher than the savings account. 

Regarding the two banks, there is a tie between Banco Iti and Nubank because both have an automatic return and yield 100% of the CDI. 

Which bank has the best app: Iti or Nubank?

Discover now how the Banco Iti and Nubank apps work and how they work for your customers. 

It's important to remember that the app is essential for your account to work and for you to control all your transactions. 

Check out how each digital bank's app works. 

Iti App

• Available for Android and iOS.
• Price: free.
• Interactive, easy-to-use and practical application for everyone. 
• Security via password, fingerprint and facial recognition. 

Nubank App

• Availability: Android and iOS.
• Price: Free.
• Simple to use application with all functions on the screen. 
• Protected by password, fingerprint and facial recognition. 

Which bank has the best app?

Both applications offer the customer all the basic functions for use, are simple to install, free and also interactive with users. 

Because of this, once again we can consider a tie between Iti and Nubank. 

Which is safer: Iti or Nubank?

You certainly think about your account, your money, and want to have all the security you need to protect your investments. 

Therefore, learn now how each bank's security works and see which one is safest for you. 

Iti Security

• Fingerprint recognition.
• Money has the security of the company. 
• Automatic income.
• Guaranteed by the Credit Guarantee Fund. 
• Itaú's digital bank, with all the bank's security. 

Nubank Security

• Account security via password, fingerprint and facial recognition.
• Digital bank registered with the Central Bank of Brazil.
• It is insured by the Credit Guarantee Fund.
• Founded in 2013. 

Which of the two is better in security?

As we mentioned, security is essential when choosing your digital bank. Both offer comprehensive security protocols to ensure your account is secure. 

Thus, once again we can consider a tie between the two digital banks, which are safe and guaranteed by the FGC. 

How to open an account with Iti?

The Iti digital bank is simple, practical, and online. It allows anyone 14 and older to open an account. 

That's why we've put together a step-by-step guide to help you open your Iti bank account. 

Step by step guide to opening an account with Iti

Find out how to open your Iti account.

1. Install the Banco Iti app on your smartphone. 
2. Tap “create new account”. 
3. Fill in the requested personal data.
4. Fill in the requested documents. 
5. Take photos of the document and take a selfie with it in your hands. 
6. Send the proposal to Itaú to open your account. 
7. Release occurs as soon as the analysis takes place. 

How to open a Nubank account?

Nubank offers the option to quickly open your account directly through its app, without any difficulties and with very quick approval when it comes to analysis.

It's a very simple process and you only need your identification document to hand to register and release your account. 

Step by step guide to opening a Nubank account

See how you can open your Nubank account. 

1. Install the Nubank app from your online store. 
2. Tap “Create new account”. 
3. Fill in your personal details. 
4. Enter your document number. 
5. Send a photo of your document and a selfie with it in hand. 
6. Check the proposal and send it to the bank. 
7. Wait for Nubank to release your account. 

So, which bank should I choose?

When choosing a good bank, you need to consider all the factors outlined above, such as fees, services, apps, and performance. That's why we've compiled this comparison for you. 

Overall, both banks are recommended. Nubank has an 8.3 rating on Reclame Aqui. Banco Iti has an 8.6 rating. Both are considered excellent. 

Thus, we have a tie between the two banks, Iti and Nubank. Iti's advantage lies in having a bank that has Itaú's support for all transactions. 

Did you like our review? Read more on our website and choose the best bank for you.